With a salary of ₹ 17,000, the maximum amount he is eligible for is ₹ 3.87 Lakh. The interest he has to pay for this amount for 48 months is 11.99%.
Similarly, How much loan can I get on 75000 salary? SBI Home Loan Eligibility Based on Salary
Monthly Income | Loan Amount |
---|---|
Rs. 60,000 | Rs.45,32,079 |
Rs. 65,000 | Rs.49,09,752 |
Rs. 70,000 | Rs.52,87,425 |
Rs. 75,000 | Rs.56,65,098 |
How much loan can I get on 90000 salary? You are eligible for a home loan up to 60 times of your net salary or monthly income . For instance, if your net salary is Rs. 55,000, you will be eligible for a loan of approximately Rs 33 lakhs.
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How to calculate your home loan eligibility?
Net Monthly Income (Rs.) | Home Loan Amount (Rs.) |
---|---|
90,000 | 71,58,529 |
How much loan can I get on 18000 salary? With a salary of ₹ 18,000, the maximum amount he is eligible for is ₹ 3.75 Lakh . The interest he has to pay for this amount for 60 months is 10.70%.
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Yes Bank Personal Loan Eligibility 2022.
Eligibility Criteria | Salaried | Self Employed Professionals |
---|---|---|
Minimum Work Experience | 24 months | 36 months |
Secondly How much loan can I get on my salary of 15000? A: A salary of Rs. 15,000 generally falls in the category of a low-income borrower group. So, an instant personal loan app with a maximum approval amount of 1.5 Lakhs can be availed by the borrower with a starting salary of Rs. 15,000.
How much loan can I get if my salary is 10000?
Banks such as SBI and Indian Overseas Bank provide personal loans to individuals who have lower income of Rs. 5000 per month. But the loan amount might be lower than you expected.
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Personal Loan For Low Salary Less Than 10000.
Bank | Minimum Monthly Income Required |
---|---|
Punjab National Bank | Rs. 10,000 |
HDFC Bank | Rs. 15,000 |
ICICI Bank | Rs. 17,500 |
• Jun 17, 2019
then How much loan can I get if my salary is 70000? How much home loan can I get on my salary?
Net monthly income | Home loan amount |
---|---|
Rs. 45,000 | Rs. 37,53,591 |
Rs.50,000 | Rs. 41,70,657 |
Rs. 60,000 | Rs. 50,04,788 |
Rs. 70,000 | Rs. 58,38,919 |
How much home loan can I get on 16000 salary? The maximum loan amount may range between 8 to 10 times your monthly income. Henceforth, you may become eligible for a maximum loan amount of Rs. 1,60,000 which can be repaid in a tenure that is comfortable to you. In case you are looking for a loan at better terms, you may check your eligibility here.
How much home loan can I get if my salary is 12000?
Salary of 12000, Am I eligible for Loan? Check here online
Product | Salary | Max. loan amount |
---|---|---|
Personal Loan | 12000 | 65000 |
Home Loan | 12000 | 600000 |
Car Loan | 12000 | 230000 |
Credit Card | 12000 |
How much loan can I get on 16000 salary? The maximum loan amount may range between 8 to 10 times your monthly income. Henceforth, you may become eligible for a maximum loan amount of Rs. 1,60,000 which can be repaid in a tenure that is comfortable to you. In case you are looking for a loan at better terms, you may check your eligibility here.
Can I get personal loan if my salary is 13000?
You can get the loan without having to submit any security. Most banks stipulate a minimum monthly salary of INR 15,000 – INR 20,000 for individuals to get a personal loan. However, those earning less than INR 15,000 can also get the loan.
Can I get personal loan if my salary is 12000? So, if your salary is less than Rs. 12,000, assure the lender that you have other sources of income to repay your personal loan on time. … With instant approval and 24-hour disbursal, the Bajaj Finserv Personal Loan is an ideal way to meet your needs for finance.
Can I get personal loan if my salary is 16000?
16,000 will qualify with certain lenders, some may not approve your loan application especially if you live in metro cities. You need to check with the respective lender about the details. The loan amount is purely decided by the lender based on your eligibility and credit profile.
Can I get loan with 14000 salary?
You can get the loan without having to submit any security. Most banks stipulate a minimum monthly salary of INR 15,000 – INR 20,000 for individuals to get a personal loan. However, those earning less than INR 15,000 can also get the loan.
Can I get personal loan if my salary is 20000? You can now avail a personal loan with Rs. 20,000 salary easily at competitive rates. Our transparent eligibility criteria, hassle-free application process, and minimal documentation requirements will help you avail a personal loan easily.
Can I get personal loan if my salary is 15000? You can get the loan without having to submit any security. Most banks stipulate a minimum monthly salary of INR 15,000 – INR 20,000 for individuals to get a personal loan. However, those earning less than INR 15,000 can also get the loan.
How much personal loan can I get if my salary is 12000?
Salary of 12000, Am I eligible for Loan? Check here online
Product | Salary | Max. loan amount |
---|---|---|
Personal Loan | 12000 | 65000 |
Home Loan | 12000 | 600000 |
Car Loan | 12000 | 230000 |
Credit Card | 12000 |
How much loan can I get on 50000 salary Quora? Simply saying as per RBI guidelines one may get loan upto 60% of gross monthly income as EMI. Going by this if you earn 50k per month you will get loan upto 30k as your EMI.
Can I buy a house with 40k salary?
Take a homebuyer who makes $40,000 a year. The maximum amount for monthly mortgage-related payments at 28% of gross income is $933. … Furthermore, the lender says the total debt payments each month should not exceed 36%, which comes to $1,200.
How much loan can I get if my salary is 25000? The maximum amount you can get for a personal loan on 25000 salary will be Rs. 250000/-This again depends on your income, repayment capacity and credit score.
How much loan I can get if my salary is 60000?
However, if you are deliberating on the loan amount with how much loan I can get on a 60,000 salary, the approved amount should be close to Rs. 16.20 lakhs .
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Multiplier Method.
Salary | Expected Personal Loan Amount |
---|---|
Rs. 40,000 | Rs. 10.80 lakhs |
Rs. 50,000 | Rs. 13.50 lakhs |
Rs. 60,000 | Rs. 16.20 lakhs |
How can I check my SBI loan eligibility? Login to SBI website. Go to SBI personal loan. Now, check the eligibility criteria using the Personal Loan Eligibility Calculator. For this fill the required details such as Name, loan requirements, salary, age, etc.